INVESTMENT OPPORTUNITY La Turbie, Alpes-Maritimes

A fantastic opportunity to purchase a well located hotel in the charming medieval town of La Turbie in the beautiful Alpes-Maritimes, wonderfully close to the Principality of . Hôtel Napoléon covers 1,220m2 and boasts 24 private rooms and expansive restaurant space. It has also been granted planning approval to add a further storey, which would allow for 12 extra rooms covering 234m2. With a full refurbishment, remodelling and repurposing of the ground floor amenities, a boutique hotel and highly-desirable hospitality venue could be created.

The hotel, which currently has 3 stars, is ripe for redevelopment, although it is currently a healthy going concern. The spacious building offers a great deal of potential to upgrade existing facilities to provide luxury guest accommodation. The approved expansion permits an extra floor to the building, which would provide space for 10 further standard-sized rooms and 2 large suites. The permission would include 7 terraces being built to accompany these rooms. With the rooms already in place, the refurbishment could follow the current room layout blueprint to reduce refurbishment costs, updating the current interiors to create a more luxuriant atmosphere and facilities.

The ground floor currently hosts the 90-cover restaurant, bar area, and function room but could easily be reconfigured more efficiently to include spa and beauty amenities for both guests and non-guests, thus increasing revenue. The existing interiors could also be updated to create a more polished and sophisticated finish. This is the only hotel in this sought-after town, notably popular with Monégasques. La Turbie offers an unrivalled proximity to key areas; 10 minute drive to Monaco and a 20 minute drive to Côte d’Azur International Airport and the Italian border.

• INVESTMENT OPPORTUNITY CLOSE TO MONACO Rista Backovic • ESTABLISHED HOTEL BUSINESS +44 7957 428 788 • 24 EN SUITE ROOMS [email protected]

• PLANNING PERMISSION FOR AN ADDITIONAL FLOOR Cheryl Owen • RESTAURANT & HIGH SPEC KITCHEN +44 7578 452 454 • BAR & FUNCTION ROOM [email protected] • LOCATED IN BEAUTIFUL MEDIEVAL VILLAGE finlaybrewerinternational.com • EXCELLENTLY LOCATED FOR MONACO, NICE & ITALY • GREAT ACCESS TO ALPS FOR SKIERS AND HIKERS • PERFECT OPPORTUNITY TO CREATE A BOUTIQUE HOTEL & SPA

PRICE ON APPLICATION

Italy

Alpes-Maritimes

La Turbie Monaco

Nice Mediterranean Sea Cagnes-sur-Mer

La Turbie offers stunning vistas of the nearby Principality of Monaco and is an easy drive to the Alpes-Maritimes, making the hotel ideal for hikers and skiers all year round. The town is also perfectly placed for those visiting glamorous events in Monaco such as the Monaco Grand Prix and the Monaco Yacht Show. Overlooked by the imposing 2,000 year old Trophee d’Auguste, a monument built by the Emperor Augustus, La Turbie also offers its own charming ambience with picturesque cobbled streets and beautiful coastal views while Hostellerie Jérôme, a 2 Michelin starred restaurant, attracts a bustling clientele, especially from neighbouring Monaco.